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Memery Crystal advises leading tech-led, concierge service Ten Group on successful IPO
At a glance
Memery Crystal is pleased to announce that it has advised Ten Group on its successful admission to trading on AIM. Ten Group, who provide lifestyle management services, have raised gross proceeds of approximately £32.2 million before expenses to ensure continued growth, including through ongoing investment in the technology platform members use to book its services.
The Memery Crystal team involved in the Ten Group listing was led by Nick Davis(CEO), and included Kieran Stone, Karen O’Grady, George Pendarves, Thomas Grace, Krishen Patel, and members of the firm’s CMT and Employment teams.
Today’s transaction follows Memery Crystal’s involvement in a number of other recent capital raisings and further cements the firm’s position as a leading legal advisor on AIM. This was again recently recognised in the latest edition of the Chambers UK legal directory, where Memery Crystal was ranked in “Band 1” for AIM advisory work.
Commenting on the announcement, Nick Davis, CEO, said: “We congratulate Alex and all the team at Ten. We are very pleased to have been able to support Ten through their IPO, the success of which is testament to their unique, tech led, concierge offering. As a firm, this is the latest in a long history of guiding our clients through the IPO process. We have deep expertise on AIM across all of the sectors we work in, for which we have again received third party recognition from Chambers UK legal directory. We look forward to continuing to help our clients with their capital market requirements through 2018 and beyond.”
Notes to editors
Memery Crystal is an independent law firm providing high-quality advice to businesses and individuals. We are recognised leaders in key industry sectors, including real estate, technology, financial services, natural resources, retail and sport.
We have an in-depth knowledge of the legal and commercial issues within each of our sectors, as well as years of experience working with the full range of industry players, providing us with a strategic advantage in helping clients to achieve their specific goals.
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